FOREX TRADING. NEED OPINIONS

[Cristian Portillo]

Hello everyone. I have a friend that is trying to get me into forex trading. I just wanted to know from people who have tried it or are currently doing it to see what kind of returns in provides. Thank you everyone. 

[Account Closed]

I have several friends who are FX traders at banks. It's never been clear to me that anyone has a clue how to consistently predict something as complicated as macro policy and its impact on FX and Interest rates. As an example, when I lived in Europe, all the FX research being circulated was saying EUR/USD would go to parity - it's now at 1.24. And everyone (including many "sophisticated macro investors") was convinced GBP/USD would stay above 1.60 and Brexit would never happen - turns out Brexit happened and the exchange rate moved down to as low as 1.20. 

But hey, maybe your friend knows something they don't...